Financial Analyst (43270) at Neighborhood Health Plan of Rhode Island

Smithfield, Rhode Island, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Apr, 26

Salary

0.0

Posted On

05 Jan, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Analytics, Excel, Analytical Skills, Problem Solving, Communication Skills, Healthcare Knowledge, SQL, SAS, Tableau, Cognos, Project Ownership, Process Improvement, Data Reporting, Team Collaboration, Attention to Detail, Decision Making

Industry

Insurance

Description

Job Details Job Location: Smithfield, RI - Smithfield, RI 02917 Position Type: Full Time Travel Percentage: Occasional Job Shift: Daytime Job Category: Professional / Experienced This role is responsible for providing financial analytics for internal customers including. He/she is responsible to independently complete analytics and articulately present them to customers. Work will be both recurring and ad-hoc as directed by the Supervisor and other Analysis management. Qualifications Required: Bachelor’s degree in Business or business related field One (1) to Three (3) years relevant professional experience Advanced skills with spreadsheets (Excel) Independent work style, highly motivated, takes ownership of project/work and a self-starter Ability to recommend process/job design improvements and seeks solutions Strong analytical and problem solving skills Good communication skills Qualifications Preferred: Knowledge of Healthcare (HMO) Database proficient (SQL, SAS, Tableau) Knowledge of Cognos Business Intelligence software Qualifications Responsibilities include, but are not limited to the following: Performs monthly Incurred But Not Reported (IBNR) liability exposure Performs the monthly Risk Share calculation Assists in other operational improvement and implementation projects Prepare and analyze the quarterly medical expense variance reporting Prepare regular and ad-hoc reporting and analysis Assist with analytical and data reporting support to internal customers such as Care Management, Claims and Provider partnerships Assist with analytical and data reporting support for external entities such as state agencies, commercial accounts, health centers and third party vendors Analyze financial impact of hospital and physician contracts Assist in the preparation and analysis of the annual medical budget Assist in the development and maintenance of provider incentive systems Assist in the preparation of work papers for external auditors and actuaries Participate in the cross-functional team meetings Assist in the preparation and analysis of the monthly financial close Assist and maintain provider and hospital fee schedules Identify opportunities for improvement in the department Other duties as assigned Corporate Compliance Responsibility - As an essential function, responsible for complying with Neighborhood’s Corporate Compliance Program, Standards of Business Conduct, applicable contracts, laws, rules and regulations, policies, and procedures as it applies to individual job duties, the department, and the Company. This position must exercise due diligence to prevent, detect, and report unlawful and/or unethical conduct by fellow co-workers, professional affiliates and/or agents. Core Company-Wide Competencies: Communicate Effectively Respect Others & Value Diversity Analyze Issues & Solve Problems Drive for Customer Success Manage Performance, Productivity & Results Develop Flexibility & Achieve Change Job Specific Competencies: Collaborate & Foster Teamwork Attend to Detail & Improve Quality Plan & Organize Exercise Sound Judgement & Decision Making Grade Level: F Neighborhood Health Plan of Rhode Island is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.

Responsibilities

The Financial Analyst will perform financial analytics for internal customers, including monthly calculations and reporting. Responsibilities also include assisting with operational improvements and preparing analyses for various stakeholders.